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Who cares about the U.S. election? Part I

11/1/2012

3 Comments

 
Not Ghanaians. Despite the fact that Obama is pretty much universally liked, Ghanaians don't really see themselves as having any real stake in the election. I asked five of my colleagues, all highly educated Ghanaians who could name both presidential contenders, if they cared who won. All five answered, a little hesitantly, "umm...not really." They didn't see any difference in the attention or assistance Africa received with Obama at the helm compared with Bush.

What do the numbers say? Here is U.S. foreign assistance appropriations for Ghana from 2006 to 2012: 
Picture
(foreignassistance.gov only gives data back to 2006, and I couldn't get the numbers to match up with Census Bureau data, which go back farther but are less current. If anyone knows how to reconcile the series, I'd love to show data for the whole Bush administration.) 

Aid appears to be higher during the Obama administration. (The Census data suggest annual foreign aid of under $100 million a year for the earlier years of the Bush administration.) 

But wait-- how much of the Obama spending is actually the result of the MCC compact signed under Bush? Although MCC spending isn't trivial-- $457 million for the period-- USAID spending is still much higher, and over half of the MCC appropriations were in 2006. By my reading, Ghana was better off, in terms of simple U.S. dollar aid receipts, under Obama.
3 Comments
mba tuition link
4/15/2013 11:45:30 pm

The same source reviews a range of definitions included in principles of economics textbooks and concludes that the lack of agreement need not affect the subject-matter that the texts treat. Thanks for sharing.

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college grants for veterans link
4/23/2013 09:34:16 pm

Election is equally important for every citizen as it decides the future of a nation. There is good argument and discussion carried out here and I am so glad reading through the entire post. Good work and I encourage you to do the same in the future.

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moneyfinancejournal.com link
7/18/2013 10:15:00 pm

This is a great article you have posted. The reaction of Africans towards the American election was something I have heard any time before. Even the educated ones don’t really care who wins the election in America. The statistics given in the page is very interesting.

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    About Liz

    I have worked in economic policy and research in Washington, D.C. and Ghana. My husband and I recently moved to Guyana, where I am working for the Ministry of Finance. I like riding motorcycle, outdoor sports, foreign currencies, capybaras, and having opinions. 

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